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USA analysis
Captive insurance growth in the United States is heavily concentrated among small to medium sized private companies taking the fashionable 831(b) election. 13 May 2014
Law & regulation
JLT Insurance Management has joined with CICA and the captive industry in requesting for the NAIC to reconsider its proposed definition of "multi-state reinsurer." 12 May 2014
Cayman analysis
Jan Golaszewski has joined Carey Olsen's Cayman Islands office as counsel in the dispute resolution and litigation department. 8 May 2014
EMEA analysis
Despite Japan's position as the world's third-largest economy, Japanese-owned captive insurers remain a small fraction of the total number of captives globally thanks to links between insurers and industry. 7 May 2014
Law & regulation
Public Act No. 14-6, which would amend Connecticut’s captive insurance law, has passed both the Connecticut state senate and House of Representatives, and is on its way to governor Malloy’s desk for signature. 7 May 2014
USA analysis
The captive insurance community is mourning the loss of Edward “Ed” Meehan, Vermont’s first director of captive insurance. 7 May 2014
EMEA analysis
London-based wealth manager London & Capital reports strong demand for its cell portfolio solution, specifically introduced for smaller captives. 7 May 2014
EMEA analysis
Guernsey licensed 99 new international insurers in the 12 months to the end of March this year. 7 May 2014
Executive Appointments
Pendulum has announced that John Sanchez will join the Albuquerque-based company as vice president compliance–risk management. 6 May 2014
Accounting & tax analysis
Marsh’s annual captive benchmarking report, released at the 2014 RIMS Conference, finds that only one-third of US captive owners treat their captives as insurance companies for US federal income tax purposes. 30 April 2014
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